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After a sharp depreciation of stock was created by Mike Novogratz (Mike Novogratz) of Galaxy Digital Holdings Ltd. on the Toronto Stock exchange almost 19% from 1.13 to 0.92 CAD – organization for the investment industry regulation of Canada (IIROC) has temporarily stopped trading shares under the Ticker GLXY in anticipation of the company. According to IIROC, this measure was taken to ensure a fair and orderly market.

At the request of the organization in Galaxy Digital said that they have no idea of which company activities could lead to such activity in the market. 3 hours after the suspension of trading IIROC allowed to continue.

Recall that a similar pattern was observed with Galaxy on this Digital stock exchange: the company’s shares fell in price by 20% for the first half hour. Moreover, if the stock trades under the Ticker symbol GLXY started from 2.75 canadian dollar ($2,11) per unit, by mid-afternoon they dropped to the level of 1.98 canadian dollar ($1.52 m).

Two weeks ago, cryptocurrency trading, the Bank announced strategic operating and organizational changes in their work. The company will shift the focus from consultation small ICO and blockchain projects to help large institutional clients. For this to be closed the company’s office in Vancouver, and the team in new York expanded.

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